1 day ago · Exxon and its partners in Guyana’s oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5 billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of ...

3 hours ago · The oil major, which is at the heart of the uptick in Guyana, expects its production capacity to surpass 1.7 million bpd, with gross production growing to 1.3 million bpd, by 2030. And no wonder ...

20 hours ago · Guyana is considering a plan to export crude oil to the United States for refining and to bring back fuel for domestic supply and possibly for sale to nearby countries, Guyanese President Irfaan ...

Guyana oil production averaged 656,000 b/d in December ExxonMobil Guyana produced 20.3 million barrels of crude in December 2024 at an average rate of approximately 656,000 barrels per day (b/d). Production was nearly...

Petroleum industry in Guyana is rapidly evolving. Guyana has emerged as one of the newest petroleum producing regions in the world, achieving its first commercial grade crude oil draw in December 2019. Crude oil is sent abroad for refining. [1] [2]

Feb 24, 2025 · Covering the latest oil and gas news including shale, lng, drilling, exploration and production.

Sep 10, 2023 · President of Guyana Irfaan Ali has acknowledged "time is not on our side" as the South American country scrambles to make the most of its newfound oil wealth before it is too late.

May 21, 2024 · Guyana increased crude oil production by an annual average of 98,000 b/d from 2020 to 2023, making it the third-fastest growing non-OPEC producing country during this period. Crude oil production has been the largest contributor to Guyana’s economic growth …

Sep 27, 2023 · Guyana is sitting on a jackpot of liquid gold. In 2015, the oil giant Exxon Mobil discovered 11 billion barrels of oil off the coast of the small Latin American country. The discovery promises to change Guyana forever, catapulting the country and its people to new heights of power and wealth.

May 5, 2023 · Guyana, a country of less than a million people, is poised to become the world’s fourth largest offshore oil producer in the world. Placing it ahead of Qatar, the United States, Mexico and Norway. (May 4, AP Juan Arraez).